What I hope I said at yesterdays rally….
I don’t know if any of you noticed, but JP Morgan ‘misplaced’ $2Bn the other day.
That’s $2 Bn!!! And it will be $Bn’s more by the time the losses are added up.
They tell us we shouldn’t worry because JP can cover the losses
And what they can’t cover I’m sure they’ll get from the Fed Discount Window
They want to blame this loss on the bad judgment of a few individuals as if that is supposed to reassure us.
Lets put this in perspective: these losses will undoubtedly add up to more than the entire annual budgets for the City of Philadelphia and the School District.
That means that a few individuals with bad judgement are making financial decisions that are equivalent to the lives of 1.5 million people.
I am not reassured by that.
If this is a 'system’ it is broken.
JP and his buddies have taken more than $13 trillion from us over the past 4 years to cover their losses. Out of that they have paid themselves bonuses, satisfied their legal obligations and contracts and accumulated massive cash reserves that they have used to speculate on the market instead of creating jobs
While they tell us to tighten our belts and live within our means US corporations are siting on more than $1 trillion in cash.
What about OUR contracts? What about their legal, ethical, and moral obligations to us? Our children? Our schools and communities?
Apparently we are expendable, OUR contracts open to renegotiation whenever it suits the need of the rich and powerful. But the debts to banks MUST be paid. If this is a 'system’ it is broken.
They tell us that the Philadelphia School district budget is 'structurally unbalanced’ while major corporations pay negative tax rates in the state of PA.
Verizon, Comcast, Wells Fargo? Fair Share? I’d be happy with any share at this point
Now there is no question that the 'status quo’ is broken and that our schools need reform.
But they have had 10 years to fix this since they took control of the schools out of our hands.
There is no question that we need a real dialogue between educators, students, families and our communities about what we want and need from our public schools.
There is no question that the 'promise’ of charter schools is attractive to parents and students.
But their is a huge difference between a group of families and educators coming together to develop a school that fulfills their vision - and the wholesale conversion and handing over of public schools to private contractors.
This is not reform, this is a corporate vision for the privatization and rationing of education. This is Jim Crow. This is union busting. This is the theft of our children’s future. I don’t want these parasites, bond traders, stock speculators and corporate criminals controlling the education of our children.
*Full funding for public education - Tax the 1% - Cancel the debts like we cancelled theirs!
*Dissolve the SRC - for democratic community controlled schools
*Rehire all laid off School District Employees
*No new charter conversions
*Charter school financial transparency and accountability
*Due process for students and families.
*Collective bargaining rights for charter school staff
Together we can build a vision of what public education should be in this city. Lets give them a summer they won’t forget!!
Occupy the SRC!!!